Approval of Financial Statements for the year 2025-2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Meera Industries reported a revenue decline to Rs 3,675.32 lakhs in FY26 from Rs 4,026.01 lakhs in FY25, an 8.7% drop. Profit After Tax fell sharply to Rs 87.02 lakhs from Rs 386.18 lakhs in FY25, a 77% decline. The Q4 standalone result showed a pre-tax loss of Rs 82.44 lakhs. Both Machine Division and Plastic Division reported segment losses for the full year (Rs 285.96 lakhs and Rs 191.88 lakhs respectively). Finance costs nearly quadrupled to Rs 83.25 lakhs from Rs 22.16 lakhs. Statutory auditors K A Sanghavi & Co LLP issued an unmodified (clean) opinion. Internal auditors D D R & Co resigned citing professional commitments, effective May 29, 2026. Cash flow from operations remained healthy at Rs 632.68 lakhs.
The sharp decline in profitability and operating losses in Q4 indicate significant business stress despite stable cash generation. Shareholders should monitor the company's turnaround plan for its Machine and Plastic divisions amid rising finance costs and revenue contraction.